Little by little the government is promoting big industry, but it still needs a bigger push to keep them in Spain in a competitive way and to contribute to the economic recovery, that is why it is necessary to increase the funds within the framework of the Electrointensive Statute. The electro-intensive The electrointensive industry is that [...]
As we all know energy efficiency is central to energy transition and decarbonization strategies all over the world. That is why the IEA calls it the "first fuel" as it offers the cheapest, fastest, and cleanest resource for clean energy transition while addressing the immediate and significant threats posed by climate change. Just for you to [...]
2020 is almost over and the European Union looks set to meet its emissions reduction targets, but the 2030 targets will most likely be increased. This is increasing the volatility of the emissions trading market, but is the price increase really supported? Let us remember the targets of the EU The Green Energy Package established by [...]
After the second world war America’s unmatched ability to consume oil outstripped its unmatched ability to produce it. Ensuring supplies from elsewhere became an overriding priority. But what it might mean to be an energy superpower is changing, thanks to three linked global shifts. First, fears about fossil-fuel scarcity have given way to an acknowledgment of [...]
The pathway towards Climate Neutrality by 2050 continues with coal phase-out leading the initiatives to achieve such goal across the “Old Continent”. The official roadmap points for France to win the race of decarbonization in Europe, by phasing out of coal by 2022. In the year after is expected that Portugal, the United Kingdom, Italy and [...]
After one month of a dramatic break-up and a beginning of an oil war between Russia and the Saudi Arabia, history was made last Sunday with a renewed agreement achieved by OPEC + of 9.7 million barrels per day (mbpd) oil output cut. A 10 million bpd oil reduction is the biggest cut ever agreed in [...]
2019 seems the year in which the climatic emergency rises in the scale of concerns in the so-called developed world. The headlines range from apocalyptic alarmism to those who deny that we have any kind of responsibility in the process. In this scenario, governments announce increasingly ambitious and close decarbonization and sustainability objectives. However, at each [...]
European prices of natural gas have been breaking record lows on spot markets, leading to the questions such as: how did it happen? Is there a floor price? What will happen? For the purpose of this article we will focus mainly on the TTF market because it’s currently is the most liquid market in Europe and [...]
In previous articles, Magnus presented the roadmaps for the next phase towards a more sustainable future for Spain and Italy. Following that, this article will be dedicated to the roadmap that defines the next years between 2021 and 2030 for Portugal in order to achieve the targets agreed back in 2015 in Paris during the COP21. [...]
There is always a clear risk of mismatch between expectations and reality according to how a company develops its economic activity and whose results depend (to a greater or lesser extent) on the cost of energy. Any company with a medium-long term economic strategy must deal with regulatory, technological, macroeconomic changes and always with the aim [...]
